Zambia’s Transport Minister Commends Ratification of Walvis Bay-Ndola-Lubumbashi Corridor
Zambia’s Transport and Logistics Minister, Frank Tayali, expresses immense satisfaction following the recent ratification of the Walvis Bay-Ndola-Lubumbashi Corridor.
This development, involving the Democratic Republic of Congo, Namibia, and Zambia, is poised to be a game-changer, fostering economic growth not only within member countries but also beyond.
Tayali underscores the significance of this corridor in propelling economic development, aligning with the Zambian Government’s vision to transform the nation into a pivotal transport and logistics hub within the region.
This strategic move resonates with the government’s broader goal of steering Zambia toward becoming an export-led growth and middle-income country by 2030.
Highlighting the multifaceted benefits, Tayali emphasizes that the ratified agreement will play a pivotal role in enhancing infrastructure, fostering increased private sector participation, and contributing substantially to the overall development of the region.
The corridor is anticipated to be a catalyst for cross-border trade and investment, promoting cooperation and integration.
The Zambian Government’s commitment to regional integration and collaboration as crucial elements for economic growth and development is underscored by the ratification of this transformative agreement.
The Walvis Bay-Ndola-Lubumbashi Corridor is poised to usher in a new era of connectivity and economic prosperity for the nations involved.
